Historic Office and Retail
For Lease
Contact for pricing
575 7th St NW, Washington, DC 20004
Eight-story office and retail project includes restored historic facades, on-site amenities, and ADA-compliant design.
Space Size74,139 SF
Days on Market1051
Property Features for 575 7th St NW
General Information
Standard status
Active
Size
74,139 SF
Class
Trophy asset
Property subtype
OFFICE
Amenities
fitness facility
roof top terrace
health club
lobby concierge
on-site retail
arts and restaurants
interior arcade
courtyard
close proximity to Metro
Spaces For Lease
at 575 7th St NW Contact us- Floor
- 1-3
- Size
- 74,139 SF
- Type
- OFFICE
- Rate
- Contact for pricing
- Lease Type
- FULL_SERVICE
- Availability
- AVAILABLE, Now
- Sublease
- Yes
Terrell Place
- Newly completed, 478,000-square-foot office and retail project at Seventh and F...
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Contact us
Listing Agency:
Cushman & Wakefield | Washington DC
(202) 266-1188
Listed By:
James Collins
Source:
Moodyscre
Added: Sep 27, 2023
Changed: Aug 8
Last Checked: Aug 11 at 1:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Washington DC
Investment Insights
Based on property information with market context.
Terrell Place is a newly completed office and retail project integrating three distinct components at 575 Seventh Street and adjacent facades to the east and south. The property includes the exceptionally restored 1924 Hecht Company building and adjoining historic townhouses, with new construction elements combined into a single project presence. The building delivers an 8-story office component with features including an interior arcade and courtyard, state-of-the-art building systems, and ADA compliance.
Located at 575 7th St NW in Washington, DC, the property is described as being across from the MCI Center and close to Metro access. On-site retail and arts and restaurants are included within the project, along with abundant parking.
The listing also notes access to a full service health club, along with lobby concierge and services. The project incorporates 29,000 square feet of art-related retail as part of the overall development.
Located at 575 7th St NW in Washington, DC, the property is described as being across from the MCI Center and close to Metro access. On-site retail and arts and restaurants are included within the project, along with abundant parking.
The listing also notes access to a full service health club, along with lobby concierge and services. The project incorporates 29,000 square feet of art-related retail as part of the overall development.
Key Highlights
- Newly completed 478,000 SF office and retail project at Seventh and F Streets (Terrell Place).
- 575 Seventh Street includes an exceptionally restored 1924 Hecht Company building with restored historic facades.
- South Wing features a fitness facility and a large rooftop terrace.
Property Analytics
Property Profile
Current Use
Lease Details
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
13,855
Businesses Nearby
Explore this area
Business Placement
Demographics for 20004, DC
1,682
Population
1,593
Households
1.1
Avg Household Size
40
Median Age
95%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
8,410
Density / Sq Mi
$161,359
Median Household Income
$133,857
Median Earnings
$2,945
Median Rent
$650,700
Median Home Value
Market
Lease Benchmarks for Washington, DC
$44.5 /SF/Yr
Avg Asking Price
$1.8–$74 /SF/Yr
Price Range
23,450 SF
Avg Space Size
Vacancy Rate% for Office in Washington, DC
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Frequently Asked Questions
What type of property is this?
Office building - Eight-story office and retail project includes restored historic facades, on-site amenities, and ADA-compliant design.
Where is this office building located?
The property is located at 575 7th St NW Washington, DC.
What are key features of this property?
This property features: Newly completed 478,000 SF office and retail project at Seventh and F Streets (Terrell Place).; 575 Seventh Street includes an exceptionally restored 1924 Hecht Company building with restored historic facades.; South Wing features a fitness facility and a large rooftop terrace.
